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6 pts

Opinion on  Terex Corp. (TEX)     Sector: Capital Goods  >  Industry: Misc. Capital Goods
Great play on the impending recovery

Mar 08, 2008 12:18 AM UTC
Return Risk
-44.51% MID
Sr. Analyst

A company that manufactures equipment for Mining, oil, building, and infrastructure that has been beaten up but still makes money.  How can you go wrong?  This is my favorite type of company since I believe the recessions are generally short lived and government spending on infrastructure is inevitable.  This might have a bumpy ride for the next few months, but should be a winner by election time.     

P/E around 11 near historic range for this type of company leads me to believe that it is fairly valued for this economy but should accelerate going forward.


TEX:  This call was made on 03/08/08 @ $64.18
Rating:   Positive   $64.18 (03/08/08)
Gain/Loss:   -72.36% in 306 days
Target:   $82.00 (+27.77%) in > one year
Allocation:   12.1% of portfolio


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